Wednesday, July 13, 2016

Black-Owned Cupcake Enterprise Named "Family Business of the Year"

Every year, Black Enterprise names one family-operated business as "Family Business of the Year." This year's prestigious award went to Nashville, Tennessee-based cupcake company, The Cupcake Collection, owned and founded by entrepreneur Mignon Francois.Sweet success

The Cupcake Collection was started by Francois in her own kitchen in 2007. By 2008, she opened a boutique-style bakery in Nashville, Tennessee’s historic Germantown area. The bakery specializes in home-made cupcakes and wedding cakes. By 2015, Francois' business reached over $930,000 in revenue, with sales expected to go over $1 million within the next couple of years.

Francois used the knowledge of chemistry she gained in college to come up with her baking formulas, such as the sweet potato cupcake which is one of the favorites at her bakery. But it was more than just baking knowledge that earned The Cupcake Collection the Family Business of the Year Award.

It was determination, innovation, experience and expertise. Francois has 6 children, and all her children are involved in the business, including running the register, baking cupcakes, and creating the company's business plan.

Every year since 1997, Black Enterprise recognizes and awards African American entrepreneurs for successful small business accomplishments. In addition to Family Business of the Year, awards are presented for Franchise Company of the Year, Techpreneur of the Year, and Teenpreneur of the Year.